Surveys reveals five patterns in consumer responses to inflation

People are scaling back their spending habits and changing attitudes toward saving and borrowing after a year and a half of high inflation, according to a special report from the University of Michigan's Surveys of Consumers.

EBay profit falls on charges, results beat Street

EBay Inc.'s PayPal online payment service and marketplaces business grew swiftly during the second quarter, helping its results beat analyst expectations, although charges from its recent purchase of retail website operator ...

Cisco to cut 4,000 jobs (Update)

Information technology giant Cisco announced Wednesday that it will cut 4,000 jobs, equal to five percent of its workforce.

Homes should not be abandoned after a big nuclear accident

New research suggests that few people, if any, should be asked to leave their homes after a big nuclear accident, which is what happened in March 2011 following the Fukushima Daiichi nuclear disaster.

Netflix shares soar as viewer numbers climb (Update)

Netflix shares soared 10 percent Monday as the streaming television service reported that profit in the recently-ended quarter climbed along with its subscriber numbers, which are now above 40 million.

Apple profit jumps to $8.8 bn, but below forecasts

Apple on Tuesday reported a rise in its quarterly profit to $8.8 billion on hot iPad sales but missed lofty Wall Street expectations due, in part, to iPhone lovers waiting for a rumored new model.

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